Briggs & Stratton Stock Price, News & Analysis (NYSE:BGG)

$6.16
-0.07 (-1.12 %)
(As of 09/22/2019 04:00 PM ET)
Today's Range
$6.08
Now: $6.16
$6.2950
50-Day Range
$4.10
MA: $6.14
$9.35
52-Week Range
$3.96
Now: $6.16
$20.80
Volume558,192 shs
Average Volume931,916 shs
Market Capitalization$258.84 million
P/E RatioN/A
Dividend Yield3.21%
Beta1.23
Briggs & Stratton Corporation designs, manufactures, markets, sells, and services gasoline engines for outdoor power equipment to the original equipment manufacturers in the United States. It operates in two segments, Engines and Products. The Engines segment offers four-cycle aluminum alloy gasoline engines that are used primarily by the lawn and garden equipment industry. Read More…

Industry, Sector and Symbol

Industry Engines & turbines
Sub-IndustryIndustrial Machinery
SectorIndustrial Products
CUSIP10904310
Phone414-259-5333

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.84 billion
Cash Flow$1.2078 per share
Book Value$10.62 per share

Profitability

Net Income$-54,080,000.00

Miscellaneous

Employees5,200
Market Cap$258.84 million
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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Briggs & Stratton (NYSE:BGG) Frequently Asked Questions

What is Briggs & Stratton's stock symbol?

Briggs & Stratton trades on the New York Stock Exchange (NYSE) under the ticker symbol "BGG."

How often does Briggs & Stratton pay dividends? What is the dividend yield for Briggs & Stratton?

Briggs & Stratton declared a quarterly dividend on Thursday, August 15th. Stockholders of record on Wednesday, September 18th will be paid a dividend of $0.05 per share on Wednesday, October 2nd. This represents a $0.20 annualized dividend and a dividend yield of 3.25%. The ex-dividend date is Tuesday, September 17th. View Briggs & Stratton's Dividend History.

How will Briggs & Stratton's stock buyback program work?

Briggs & Stratton announced that its Board of Directors has initiated a share buyback program on Wednesday, April 25th 2018, which allows the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 5.8% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its stock is undervalued.

How were Briggs & Stratton's earnings last quarter?

Briggs & Stratton Co. (NYSE:BGG) announced its earnings results on Thursday, August, 15th. The industrial products company reported ($0.36) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.46 by $0.82. The industrial products company earned $471.95 million during the quarter, compared to analyst estimates of $519.87 million. Briggs & Stratton had a negative net margin of 2.95% and a negative return on equity of 2.61%. The company's quarterly revenue was down 5.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.47 earnings per share. View Briggs & Stratton's Earnings History.

When is Briggs & Stratton's next earnings date?

Briggs & Stratton is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Briggs & Stratton.

What guidance has Briggs & Stratton issued on next quarter's earnings?

Briggs & Stratton updated its FY20 earnings guidance on Thursday, August, 15th. The company provided earnings per share (EPS) guidance of $0.20-0.40 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.22. The company issued revenue guidance of $1.91-1.97 billion, compared to the consensus revenue estimate of $1.99 billion.

What price target have analysts set for BGG?

3 brokers have issued 1 year price targets for Briggs & Stratton's shares. Their predictions range from $14.00 to $25.00. On average, they expect Briggs & Stratton's stock price to reach $18.3333 in the next year. This suggests a possible upside of 197.6% from the stock's current price. View Analyst Price Targets for Briggs & Stratton.

What is the consensus analysts' recommendation for Briggs & Stratton?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Briggs & Stratton in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Briggs & Stratton.

Has Briggs & Stratton been receiving favorable news coverage?

Headlines about BGG stock have trended somewhat negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Briggs & Stratton earned a news sentiment score of -1.3 on InfoTrie's scale. They also assigned news articles about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Briggs & Stratton.

Are investors shorting Briggs & Stratton?

Briggs & Stratton saw a increase in short interest in the month of August. As of August 15th, there was short interest totalling 6,756,200 shares, an increase of 7.8% from the July 15th total of 6,264,900 shares. Based on an average daily trading volume, of 351,900 shares, the days-to-cover ratio is presently 19.2 days. Currently, 16.6% of the shares of the company are sold short. View Briggs & Stratton's Current Options Chain.

Who are some of Briggs & Stratton's key competitors?

What other stocks do shareholders of Briggs & Stratton own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Briggs & Stratton investors own include CVS Health (CVS), Twitter (TWTR), Ford Motor (F), General Electric (GE), JD.Com (JD), Kraft Heinz (KHC), NVIDIA (NVDA), Johnson & Johnson (jnj), Newell Brands (NWL) and Procter & Gamble (PG).

Who are Briggs & Stratton's key executives?

Briggs & Stratton's management team includes the folowing people:
  • Mr. Todd J. Teske, Chairman, CEO & Pres (Age 54)
  • Mr. Mark Alan Schwertfeger, Sr. VP & CFO (Age 42)
  • Ms. Kathryn Mary Buono, VP, Gen. Counsel, Corp. Sec. & Principal Compliance Officer (Age 57)
  • Mr. William H. Reitman, Sr. VP & Pres of Global Support (Age 63)
  • Mr. David James Rodgers, Sr. VP and Pres of Engines & Power (Age 48)

Who are Briggs & Stratton's major shareholders?

Briggs & Stratton's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.52%), Vanguard Group Inc. (10.45%), Brandes Investment Partners LP (10.37%), LSV Asset Management (5.44%), Northern Trust Corp (2.08%) and Bank of New York Mellon Corp (1.92%). Company insiders that own Briggs & Stratton stock include Andrea L Golvach, David J Rodgers, Frank M Jaehnert, Jeffrey Michael Zeiler, Rachele Marie Lehr and Todd J Teske. View Institutional Ownership Trends for Briggs & Stratton.

Which major investors are selling Briggs & Stratton stock?

BGG stock was sold by a variety of institutional investors in the last quarter, including Grantham Mayo Van Otterloo & Co. LLC, Brandes Investment Partners LP, D. E. Shaw & Co. Inc., LSV Asset Management, KBC Group NV, Commonwealth Equity Services LLC, Nisa Investment Advisors LLC and Campbell & CO Investment Adviser LLC. View Insider Buying and Selling for Briggs & Stratton.

Which major investors are buying Briggs & Stratton stock?

BGG stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Vanguard Group Inc., Nuveen Asset Management LLC, Silvercrest Asset Management Group LLC, BlackRock Inc., Menta Capital LLC, PVG Asset Management Corp and Invesco Ltd.. Company insiders that have bought Briggs & Stratton stock in the last two years include David J Rodgers, Frank M Jaehnert, Jeffrey Michael Zeiler and Rachele Marie Lehr. View Insider Buying and Selling for Briggs & Stratton.

How do I buy shares of Briggs & Stratton?

Shares of BGG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Briggs & Stratton's stock price today?

One share of BGG stock can currently be purchased for approximately $6.16.

How big of a company is Briggs & Stratton?

Briggs & Stratton has a market capitalization of $258.84 million and generates $1.84 billion in revenue each year. The industrial products company earns $-54,080,000.00 in net income (profit) each year or ($0.32) on an earnings per share basis. Briggs & Stratton employs 5,200 workers across the globe.View Additional Information About Briggs & Stratton.

What is Briggs & Stratton's official website?

The official website for Briggs & Stratton is http://www.basco.com/.

How can I contact Briggs & Stratton?

Briggs & Stratton's mailing address is 12301 WEST WIRTH STREET, WAUWATOSA WI, 53222. The industrial products company can be reached via phone at 414-259-5333.


MarketBeat Community Rating for Briggs & Stratton (NYSE BGG)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  300 (Vote Outperform)
Underperform Votes:  242 (Vote Underperform)
Total Votes:  542
MarketBeat's community ratings are surveys of what our community members think about Briggs & Stratton and other stocks. Vote "Outperform" if you believe BGG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BGG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2019 by MarketBeat.com Staff

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